Don’t Panic about Summer Flight Prices Yet

Usually your spring break tan has faded before you need to turn your attention to the next big getaway, summer vacation. But not this season.

The war in Iran has created a sense of urgency in trip planning, a race against rising airfares and vanishing routes. For nearly two months, the Strait of Hormuz, a critical highway for the global oil market, has been closed or severely disrupted. Jet fuel prices have roughly doubled, sending the aviation industry into triage mode.

Last week, the head of the International Energy Agency warned that Europe’s jet fuel supply could run dry within six weeks, according to the The Associated Press. To conserve fuel and offset the escalating expense, airlines are slashing routes, suspending seasonal service and increasing supplemental fees and airfares.

Please select this link to read the complete article from The Washington Post.